How many renters live in Castleton on Hudson, New York?
The City of Castleton on Hudson has 1,480 people living in 626 households.
There are 465 renters living in 238 renter households in this City. Renters make up 31.42 percent of the population living in Castleton on Hudson.
What is the rental market like in Castleton on Hudson, New York?
There are an estimated 681 housing units in the Castleton on Hudson area. Of these, 256 units are rental homes, making up 38 percent of the housing market. For every renter household in Castleton on Hudson, New York, there are 1 rental units.
What is the vacancy rate for rentals in Castleton on Hudson?
The rental vacancy rate in Castleton on Hudson is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Castleton on Hudson for each bedroom size?
Occupied Rental Units by Size in Castleton on Hudson
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 3 | 103 | 74 | 55 | 3 |
Occupied Rental Units by Size in Castleton on Hudson
A large number of apartments in Castleton on Hudson have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Castleton on Hudson are overburdened by housing costs?
Among renter households in this market, 55 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Castleton on Hudson
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,830. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,011 |
| One BR | $1,131 |
| Two BR | $1,374 |
| Three BR | $1,661 |
| Four BR | $1,830 |
2024 Fair Market Rents in Castleton on Hudson, New York
How many units are rented at Fair Market Rent (FMR) in Castleton on Hudson?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 3 | 100 percent |
| One BR | 58 | 56 percent |
| Two BR | 54 | 73 percent |
Rental Units Below FMR in Castleton on Hudson, New York
How many affordable rental units are in Castleton on Hudson?
There are a variety of federal affordable housing programs serving households in Castleton on Hudson, New York including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 39 |
Tracked Units by Federal Program in Castleton on Hudson, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Castleton on Hudson, New York
Castleton on Hudson features 41 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Castleton on Hudson, New York
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Castleton on Hudson.
Housing Choice Vouchers in Castleton on Hudson, New York
On average, Section 8 Housing Choice vouchers pay Castleton on Hudson landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Castleton on Hudson.
The maximum amount a voucher would pay on behalf of a low-income tenant in Castleton on Hudson, New York for a two-bedroom apartment is between $1,237 and $1,511.
Sourced from federal housing data and AffordableHousingOnline.com research.
